Subramanian's paper comes at a time when concerns have been raised in various quarters about the official economic growth numbers. The Economic Advisory Council-PM said the Base Year of India's income calculations were shifted to 2011-12 on the basis of recommendations of several committees with experts in national income accounting.
Subramanian recommended five ways of financing additional expenditure over a period of one year, including cutting expenditure and borrowing directly from the RBI or monetising debt.
Tamil Nadu Chief Minister Jayalalithaa on Monday filed a defamation case against Bharatiya Janata Party leader Subramanian Swamy in a Chennai court over his remarks claiming that the boats of Indian fishermen apprehended by Sri Lanka belong to Sasikala, a close aide of the AIADMK chief.
India's gain will be an additional business of $300 million to $400 million per month if 10-11% of Bangladesh's export is diverted to Indian hubs like Tiruppur.
'In the short-term, the markets may be affected' by the review but 'it will help address what they are worried about which is why we need transparency,' says former chief economic advisor.
Krishnamurthy Subramanian listed land, labour, law, and liquidity as the key areas of big reforms.
'Bilateral trade has suffered seriously because of the growing unrest.' 'There is a standstill on both sides amid the curfew.'
Chief Minister M K Stalin has ordered a CB-CID probe to ensure comprehensive investigation and the government transferred Kallakurichi District Collector Sravan Kumar Jatavath and Superintendent of Police Samay Singh Meena was suspended, a statement said.
Subramanian, a senior fellow at the Peterson Institute for International Economics in Washington, attended a news conference in New Delhi at which his appointment was announced.
The Gauhati High High Court has quashed all orders of the lower court in a case against Rajya Sabha MP Subramanian Swamy for an alleged hate speech in Assam in 2015.
The findings of the report showed consumer spending falling for the first time in over four decades in 2017-18.
Says GDP growth rate from 2014-15 to 2015-16 will be greater than that of 2014-15 from 2013-14
The outgoing Chief Economic Advisor will always be remembered for his remarkable passion, his large imprint on policymaking and the high level of public debate he fostered
India's gross domestic product product (GDP) growth rate between 2011-12 and 2016-17 should be about 4.5 per cent instead of the official estimate of close to 7 per cent, he said in a research paper published at Harvard University. "The Indian policy automobile has been navigated with a faulty, possibly broken, speedometer," he says in the paper.
CEA offers three compelling arguments in his case for privatisation of government-owned banks.
The former Maharashtra minister and staunch Congressman was 85.
'Business families like the Godrej group are increasingly realising that an amicable settlement is better.' 'Else, the wealth of all shareholders gets destroyed.'
Disengagement from the LAC will remain a chimera because China has given enough indications that the PLA will not move back any more. China has even deployed drones to monitor and deny any patrolling by Indian troops even in the buffer zones which are all in Indian Territory, explains Lieutenant General Prakash Katoch (retd).
About 140 people out of 193 who were admitted to various government medical facilities after they consumed the spurious liquor on Tuesday night were currently stable, Kallakurichi district collector M S Prasanth said.
Progress on the steps taken by Governor Shaktikanta Das' predecessor Urjit Patel to restore financial system integrity will be a key thing to assess any damage to the institution, Subramanian said.
Earlier, maverick right-winger Subramanian Swamy had demanded the sacking of Jaitley's top aide
Ravichandran Ashwin's childhood coach Sunil Subramanian wished the experienced off-spinner ahead of his 100th Test as India is set to lock horns with England in the fifth and final Test of the five-match series at Dharamsala from Thursday.
The onus today is on China, but it also requires a little diplomatic finesse from India, backed by a modernised armed force, argues BJP MP Subramanian Swamy in this excerpt from his new book, Himalayan Challenge: India, China And The Quest For Peace.
The event that was inaugurated by five-time world champion Viswanathan Anand will have 11 rounds before the best player in the under-20 category can be determined in both sections.
If we basically expect the government to use taxpayers' money to intervene every time when there are some 'sunsets,' then I think you introduce possible moral hazards: Subramanian.
Indian shuttler Kidambi Srikanth opened his campaign at the Thailand Masters badminton tournament with a straight game win over Chinese Taipei's Wang Tzu Wei in Bangkok on Wednesday.
Simple, easy laddoos to up the festive mood.
Thirty four people belonging to Kallakurichi district have died following consumption of 'methanol mixed arrack', Tamil Nadu Chief Minister M K Stalin said on Thursday.
R N Subramanian, manager-foreign exchange, Canara Bank, will be the new chairman of the Forex Association of India for the current financial year 2004-05
India is working towards policies and regulations that would encourage non-cash payments.
Severe skilled, unskilled shortage threatens to pull emergency brakes on India's industrial engine.
The BJP member also sought to put the LVB-DBS merger on hold in order to facilitate a forensic audit of the takeover of the assets of both banks.
The inter-meeting rate cut by the Reserve Bank of India (RBI) indicates a shift in its monetary policy stance, the finance ministry's chief economic adviser Arvind Subramanian said on Thursday.
Their research paper on aid by rich nations got leaked
Arvind Subramanian was appointed CEA in October 2014 and got a year's extension in September 2017
Arrested Tamil Nadu Minister V Senthil Balaji will undergo an open-heart surgery at a private hospital in Chennai on June 21, Health Minister Ma Subramanian said on Tuesday, a week after the beleaguered DMK leader was advised a bypass surgery.
Speculation over his role was sparked off when senior BJP leader Subramanian Swamy tweeted earlier in the day, Modi should take Cinema star Sharuk Khan to Qatar with him since after MEA and NSA had failed to persuade the Shiekhs of Qatar, Modi pleaded with Khan to intervene , and thus got an expensive settlement from the Qatar Shiekhs to free our Naval officers.
On Thursday, the SC had voiced "serious concern" over Governor Ravi's refusal to reinduct Ponmudi as a minister in the state cabinet even after the SC had suspended his conviction in a corruption case.
Noted economist Arvind Subramanian is favoured as the choice for the government's Chief Economic Advisor (CEA).
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